Risky Business: Check These Warnings Before Navigating The Shoals Of Distressed Debt

For instance, investors in investment-grade corporate debt and top-rated high-yield issues can “borrow confidence” from analysts who publish research on the company or who apply a credit rating to the specific security. That kind of guidance is absent from the distressed investing arena, where potential investors need to understand the asset they are buying and the motivations of the seller and of other potential buyers. For instance, Willoughby pointed out, “the value of leveraged loans in Europe in 2007 and 2008 fell off a cliff; prices went from 96 to 76 (per $100) without hard evidence of impairment (of the credit quality) just because demand fell off a cliff.”

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Posted on May 19th, 2013 by Admin  |  No Comments »

Outdated travel insurance can’t cover modern life

The regulator is investigating the travel and household insurance claims market as part of a wider “thematic” review of the insurance industry, according to chief executive Martin Wheatley.

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Posted on May 19th, 2013 by Admin  |  No Comments »

Mecklenburg&x2019;s interim manager: from quiet engineer to eye of the storm

Shields said he isn’t worried. He said he has been long acquainted with board members and will emphasize relationships with commissioners and employees during his tenure as interim manager. “The good thing about being in an interim role is I can test-drive this,” Shields said. “I am very much interested in the best outcome for Mecklenburg County and if the best outcome happens to be me providing some leadership to Mecklenburg County, I am ready to do so.”

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Posted by Interim Partners, Interim finance director specialists.

Posted on May 18th, 2013 by Admin  |  No Comments »

How to back the US stock market boom

The S & P 500 is one of the most efficient stock markets in the world. The transparency of share dealing and the availability of accounts and company ratings mean that it is more difficult for active fund managers to unearth an unknown advantage. Paying 1.5pc a year or more to a fund manager who can't beat the S & P is a hard pill to swallow – so many investors prefer to opt for funds that track the market.

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Posted on May 18th, 2013 by Admin  |  No Comments »

4 lawyers seeking nominations for 2 Montco judge seats

Giamporcaro previously was a law associate with the Norristown firm Masterson, Braunfeld, Himsworth & Maguire from 1991 to 1992, where her practice involved insurance defense litigation. A lifelong resident of Montgomery County who has two children and is married to lawyer Frank C. Flick, Giamporcaro has been appointed to the Montgomery County Youth Center Board of Managers, the Mission Kids Child Advocacy Center Management Team and has been a continuing education instructor for Montgomery Bar Association since 2000, according to her resume.

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Posted by Interim Partners, Interim HR director specialists.

Posted on May 18th, 2013 by Admin  |  No Comments »